Topic 05: Production and Productivity

Introduction to Production and Productivity

• Production
• Productivity
• Basic Calculations

Sectors of Production

• Primary Sector
• Secondary Sector
• Tertiary Sector

Specialization and Division of Labour

• Specialization
• Levels of Specialization
• Division of Labour
• Advantages of Division of Labour
• Disadvantages of Division of Labour
• Limitations of Division of Labour
• Mass Production
• Automation